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City watchdog's internal review into the affair today identified four key areas where it said supervision fell short of acceptable standards
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Tags: authority, bank, business, crisis, errors, failings, failure, financial, financial services, fsa, government, guardian, handling, internal, meant, money, northern rock, owned, sufficient, watchdog -
FSA admits failure in supervision of Northern Rock
The Financial Services authority has admitted it failed Northern Rock by not providing sufficient ...
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City watchdog admits its handling of Northern Rock was unacceptable
The Government's City watchdog today owned up to glaring errors in its handling of the Northern Rock crisis. The Financial Services Authority said it had failed to see the warning signs and that its supervision of the bank was 'unacceptable'
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Unacceptable error meant City watchdog was 'asleep on the job' allowing collapse of N
The Government's City watchdog today owned up to glaring errors in its handling of the Northern Rock crisis. The Financial Services Authority said it had failed to see the warning signs and that its supervision of the bank was 'unacceptable'
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